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The Future Of the Barrier Materials Market: Size, Share, and Forecast 2019-2028

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Barrier Materials Market is Growing Big
Opportunity from 2019-2028
Analysis by Axiom Market Research & Consulting™
Barrier materials are plastic coatings or multilayer combinations
intended to minimize the diffusion of water and gas into and out of a
flexible or rigid package. The EVOH, PVDC, PEN, PP, and PE are some
of the examples of the barrier materials. These materials are effective
against nitrogen, water vapors, oxygen, carbon dioxide, light and
aroma compounds, and preserve the quality of the packaged
products. Also, these materials are transparent and flexible and can
be used in packaging applications in industries such as the food and
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beverage, pharmaceutical, and cosmetic industry. The market for
barrier materials is on the rise as they have been widely adopted in
numerous applications on account of their unique properties such as
thermal stability, long shelf life, and high-performance levels.
Moreover, barrier materials finds its applications in individual
moisture barrier packing, air barrier packing, and vapor barrier
packing applications. Thus increased adoption of barrier materials in
applications such as food ingredients, dried food, resins,
pharmaceuticals and cosmetics, automotive coatings, pigments and
animal feed is further improving the market growth at rapid pace.
Barrier Materials Market Dynamics
A surge in the demand for packaged food products increases the
demand for barrier materials for food packaging applications. Food is
an integral part of daily life. Sustainability, counterfeit protection,
efficiency, convenience, traceability, and flexibility are some of the
main parameters associated with packaging solutions. For consumers,
sustainable and easy-to-use packaging is becoming a priority now than
ever before. Thus, factors such as growing demand of the consumer
for packaged food owing to changing eating habits and improving
lifestyle, high disposable income of the consumers, increasing
population, demand for high quality and natural food with increased
shelf life are propelling the growth of the market. Moreover, factors
such as a surge in the demand for blister packaging and drug delivery
systems, growing technological advancements, adoption of new
regulatory standards and increased health awareness, and increasing
demand for primary pharmaceutical packaging are again impelling the
growth of the market.
Covid 19 Impact on Barrier Materials Market
Covid19, drastically affects the world supply chain and industrial
sector growth. At the initial stages of the pandemic, the world
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experienced, ‘supply shocks’. China who plays a major role in the
world’s supply chain was severely affected. There were disruptions to
the availability of goods supplied from China. Supply of both finished
and unfinished goods reduced. Day by day as the situation worsened,
quarantines, social distance practices were imposed and nations
begun instituting lockdowns. Following this the supply chains
experienced demand shocks. The shutdown of economic activities
affected all the sectors. Manufacturing and mining industry’s sluggish
growth in turn affected the barrier materials market.
Barrier Materials Market Segmental Overview
The report analyses the Barrier Materials market based on category,
type, industry, and geography
Barrier Materials Market By Category
By category, the global barrier material market is segmented into high
barriers and moderate to low barrier depending on the level to which
they restrict the passage of gases. The difference between these
segmentations are indicatively based on the outcome of the barrier
properties on the shelf life of the packaged products. The factors such
as increased use of these high, moderate and low barrier materials in
various end-use industries for applications such as flexible packaging,
barrier coating and lamination, surge in the demand for high barrier
packaging materials and increasing production of these materials are
attributed to the growth of market.
Barrier Materials by Type
Aluminum, ethylene vinyl alcohol, polyvinylidene chloride,
polyethylene naphthalate, and others are the types of barrier
materials covered in this market study. The aluminium segment held
the largest market share in 2020 and is expected to grow at a CAGR of
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5.60% during the forecast period. Increasing application of aluminium
in packaging applications mostly in food, pharmaceutical, and
cosmetics, and surge in the use of aluminium as a barrier material
owing to its several benefiting properties are major contributing
factors behind the market growth.
Barrier Materials Market by Industry
The global barrier materials by end use industry is classified into
pharmaceutical, food and beverage, agriculture, cosmetics,
automotive and others etc. Food & beverage sector dominates the
market. Increased production and consumption of various food
products such as dairy products, meat products, fruits and vegetable,
and many other beverages, a surge in the demand for healthy,
processed, and packaged food products, rising adoption of food
products by online shopping method during COVID-19 pandemic, and
growing awareness of the consumers regarding health are key
benefiting factors behind the growth of the market.
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Barrier Materials by Geography
Geographically, the barrier materials market is studied across the
countries of key regions such as, North America, Europe, Asia Pacific
and rest of the world regions which includes Latin America, and
Middle East & Africa. Asia Pacific is likely to hold the dominant position
and is also expected to be the fastest growing regional market in
global barrier materials market during the forecast period owing to
improving lifestyle of the people, rising industrialization and
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urbanization, rising expenditure on nutritious and healthy products,
increasing population, rapid growth in the automotive industry in
economies such as China and India in the region.
Barrier Materials Key Players
Some of the major players operating in this market include 3M (United
States), Kuraray Co., Ltd (Japan), The Dow Chemical Company (United
States), Solvay S.A (Belgium), Chang Chun Petrochemical Co., Ltd
(Taiwan), DuPont de Nemours, Inc. (United States), Kureha
Corporation (Japan), Asahi Kasei Corporation (Japan), Teijin Limited
(Japan), Nippon Synthetic Chem Industry Co., Ltd. (Japan), Zhejiang
Juhua Co., Ltd (China), Mondi Group plc (UK), Coexpan (Spain),
Arkema (France), Toppan Printing CO. Ltd (Japan) among others.
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